Which Item Below Is Not a Current Liability

question 78

Multiple Choice

Which item below is not a current liability?

• A) Unearned revenue
• B) Stock dividends distributable
• C) The currently maturing portion of long-term debt
• D) Trade accounts payable

Recognize the function and impact of the Uniform Electronic Commerce Act (UECA) on electronic transactions.

Comprehend the fundamentals of offer, acceptance, and consideration in contract formation.

Identify the conditions under which an electronic agreement becomes a binding contract.

Understand the application and limitations of the postbox rule in contract law.

---

Definitions:

Dacron

A synthetic polyester fiber made from polyethylene terephthalate, known for its durability, resistance to stretching and shrinking, and chemical inertness.

Polyester

A category of polymers made through a condensation reaction between a dicarboxylic acid and a diol, often used in fabrics and plastics.

Stereochemistry

The study of the spatial arrangement of atoms in molecules and the effect of this arrangement on the physical and chemical properties of those molecules.

Regiotactic

Describing the orderly regulation of substituent groups in polymer chains or molecules according to their position.